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Company:
Mack Trucks, Inc.
Plan:
Mack-UAW 401k Plan
 

Mack Trucks, Inc.

50 Plan:

 
 
50
41
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (50) and the top rated plan (85) could equate to:
[How is this calculated?]
17 additional years of work
Up to $173,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Mack-UAW 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Total Plan Cost. Mack-UAW 401k Plan currently has over 2,900 active participants and over $41.4M in plan assets.

 

 Retirement Plan Details

Address 7900 National Service Road
Cc/2-5
Greensboro, NC 27409-9416 
Industry Manufacturing
Administrator Karen W. Hall, Controller, Hr
Net Plan Assets $41,400,000
Total Participants 3,000
Avg Account Balance $14,000

 Top 3 Funds in this 401k

1. SSgA S&P 500 Index 17%
2. Fidelity Contrafund 15%
3. Wells Fargo Stable Value 14%

  Plan Service Providers

Corporate Trustee Mercer
Recordkeeper Mercer
Consultant Curcio Webb
Auditor Larson Allen LLP

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